Italy Economic Statistics and Indicators

23, Jul 2021, EDT. Welcome to the Italy economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Italy › Change country
National or Regional Currency: Euro, EUR
Year of data: 2015 › Change year
Number of Indicators Listed: 42
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 61,680,122 (July 2014 est.)
Area: total: 301,340 sq km ; land: 294,140 sq km ; water: 7,200 sq km ; note: includes Sardinia and Sicily
Natural Resources: coal, mercury, zinc, potash, marble, barite, asbestos, pumice, fluorspar, feldspar, pyrite (sulfur), natural gas and crude oil reserves, fish, arable land
Capital: name: Rome ; geographic coordinates: 41 54 N, 12 29 E ; time difference: UTC+1 (6 hours ahead of Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October

Italy has a diversified industrial economy, which is divided into a developed industrial north, dominated by private companies, and a less-developed, highly subsidized, agricultural south, where unemployment is higher. The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises, many of them family-owned. Italy also has a sizable underground economy, which by some estimates accounts for as much as 17% of GDP. These activities are most common within the agriculture, construction, and service sectors. Italy is the third-largest economy in the euro-zone, but its exceptionally high public debt and structural impediments to growth have rendered it vulnerable to scrutiny by financial markets. Public debt has increased steadily since 2007, topping 133% of GDP in 2013, but investor concerns about Italy and the broader euro-zone crisis eased in 2013, bringing down Italy's borrowing costs on sovereign government debt from euro-era records. The government still faces pressure from investors and European partners to sustain its efforts to address Italy's long-standing structural impediments to growth, such as labor market inefficiencies and widespread tax evasion. In 2013 economic growth and labor market conditions deteriorated, with growth at -1.8% and unemployment rising to 12.4%, with youth unemployment around 40%. Italy's GDP is now 8% below its 2007 pre-crisis level.
More on the Italy Economy
More on the Italy Export, Import and Trade

GDP (Constant Prices, National Currency) for Italy in year 2015 is EUR 1,547.23 Billion.

GDP Growth (Constant Prices, National Currency) for Italy in year 2015 is 0.76 %.

GDP (Current Prices, National Currency) for Italy in year 2015 is EUR 1,636.37 Billion.

GDP (Current Prices, US Dollars) for Italy in year 2015 is US$ 1,815.76 Billion.

GDP Deflator for Italy in year 2015 is 105.761 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Italy in year 2015 is EUR 25,449.75 .

GDP Per Capita (Current Prices, National Currency) for Italy in year 2015 is EUR 26,915.92 .

GDP Per Capita (Current Prices, US Dollars) for Italy in year 2015 is US$ 29,866.58 .

Output Gap, Percent of Potential GDP for Italy in year 2015 is -3.32 %.

GDP (PPP), US Dollars for Italy in year 2015 is US$ 2,170.91 Billion.

GDP Per Capita (PPP), US Dollars for Italy in year 2015 is US$ 35,708.31 .

GDP Share of World Total (PPP) for Italy in year 2015 is 1.912 %.

Implied PPP Conversion Rate for Italy in year 2015 is 0.754 .

Investment (% of GDP) for Italy in year 2015 is 16.766 %.

Gross National Savings (% of GDP) for Italy in year 2015 is 18.911 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Italy in year 2015 is 99.992 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Italy in year 2015 is 0.108 %.

Inflation, End of Year (Indexed to Year 2000) for Italy in year 2015 is 120.1 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Italy in year 2015 is 0.083 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Italy in year 2015 is 5.962 %.

Import Volumes of Goods Only (Percent Change) for Italy in year 2015 is 8.14 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Italy in year 2015 is 4.293 %.

Export Volumes of Goods Only (Percent Change) for Italy in year 2015 is 4.431 %.

Unemployment Rate (% of Labour Force) for Italy in year 2015 is 11.892 %.

Employment for Italy in year 2015 is 22.465 Million .

Population for Italy in year 2015 is 60.796 Million .

General government revenue (National Currency) for Italy in year 2015 is EUR 781.568 Billions.

General government revenue (% of GDP) for Italy in year 2015 is 47.762 %.

General government total expenditure (National Currency) for Italy in year 2015 is EUR 824.669 Billions.

General government total expenditure (% of GDP) for Italy in year 2015 is 50.396 %.

Total Government Net Lending/ Borrowing (National Currency) for Italy in year 2015 is EUR -43.101 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Italy in year 2015 is -2.634 %.

General Government Structural Balance (National Currency) for Italy in year 2015 is EUR -14.271 Billion.

General Government Structural Balance (% Potential GDP) for Italy in year 2015 is -0.843 %.

Fiscal Year Gross Domestic Product, Current Prices for Italy in year 2015 is EUR 1,636.37 Billions.

Current Account Balance (US Dollars) for Italy in year 2015 is US$ 38.737 Billion.

Current Account Balance (% GDP) for Italy in year 2015 is 2.133 %.